Good grief! Took a bit of a dive today. My opinion, there has...

Good grief! Took a bit of a dive today.

My opinion, there has been obvious attempts since 1.2c and upwards to try and hold the price back, It most definitely would have run higher by now if not for the big sells moving around. As i have stated previously some people do not mind waiting for impatient people to sell and scoop up a bargain, once they have a large holding they let it run and make all the gains.

This is how the market works though and this behaviour is not uncommon.

What blows my mind is absolutely nothing has changed fundamentally since this morning, expectation of an announcement probably played a hand but fundamentally it has not changed one bit.

In saying that some people bought at 1.6c, for those that are in the red after today i hope you are not hurting too bad and can shut the laptop down for a while and spend time with family and friends.

I still hold and i truly believe with what i have seen over the last month this stock is going to hit 2c in the next few weeks.

Time for a beer! Have a good weekend everyone

-Dan